AQUIA MANAGEMENT: what changed
AQUIA MANAGEMENT
Largest movements
- Receivables within one year +€30,816
up €30,816 (+234%), from €13,196 to €44,013
of which Other amounts receivable: +€27,102
- Cash +€23,070
up €23,070 (+61.1%), from €37,731 to €60,801
mainly Net result for the year (+€74,979) and Other debts (+€48,373)
- Deferred charges and accrued income -€2,759
down €2,759 (-20.3%), from €13,615 to €10,856
- Tangible fixed assets +€1,882
up €1,882 (+165%), from €1,142 to €3,024
of which Furniture and vehicles: +€2,066
- Financial fixed assets +€1,630
up €1,630 (+222%), from €736 to €2,366
- Other debts +€48,373
up €48,373 (+182%), from €26,606 to €74,979
- Trade debts +€4,265
new in 2025: €4,265
- Tax, wage and social debts +€2,041
up €2,041 (+13.8%), from €14,775 to €16,816
of which Taxes: +€2,540
- Gross operating margin +€71,934
up €71,934 (+186%), from €38,751 to €110,685
- Taxes +€17,403
up €17,403 (+580%), from €3,000 to €20,403
- Staff costs -€3,435
down €3,435, from €2,935 to -€499
- Other operating charges -€1,717
no longer reported in 2025 (was €1,717)
- Depreciation -€1,546
down €1,546 (-51.8%), from €2,985 to €1,440
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,275 | €121,060 | +€53,785 | +79.9% |
| Fixed assets | 21/28 | €2,733 | €5,390 | +€2,657 | +97.2% |
| Intangible fixed assets | 21 | €855 | - | -€855 | |
| Tangible fixed assets | 22/27 | €1,142 | €3,024 | +€1,882 | +165% |
| Plant, machinery and equipment | 23 | €843 | €659 | -€185 | -21.9% |
| Furniture and vehicles | 24 | €299 | €2,365 | +€2,066 | +691% |
| Financial fixed assets | 28 | €736 | €2,366 | +€1,630 | +222% |
| Current assets | 29/58 | €64,542 | €115,670 | +€51,128 | +79.2% |
| Amounts receivable within one year | 40/41 | €13,196 | €44,013 | +€30,816 | +234% |
| Trade receivables | 40 | €9,816 | €13,530 | +€3,714 | +37.8% |
| Other amounts receivable | 41 | €3,380 | €30,483 | +€27,102 | +802% |
| Cash at bank and in hand | 54/58 | €37,731 | €60,801 | +€23,070 | +61.1% |
| Deferred charges and accrued income | 490/1 | €13,615 | €10,856 | -€2,759 | -20.3% |
| Total equity and liabilities | 10/49 | €67,275 | €121,060 | +€53,785 | +79.9% |
| Equity | 10/15 | €25,000 | €25,000 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €42,275 | €96,060 | +€53,785 | +127% |
| Amounts payable within one year | 42/48 | €41,967 | €96,060 | +€54,093 | +129% |
| Financial debts | 43 | €587 | - | -€587 | |
| Credit institutions | 430/8 | €587 | - | -€587 | |
| Trade debts | 44 | - | €4,265 | +€4,265 | |
| Suppliers | 440/4 | - | €4,265 | +€4,265 | |
| Taxes, remuneration and social security | 45 | €14,775 | €16,816 | +€2,041 | +13.8% |
| Taxes | 450/3 | €14,276 | €16,816 | +€2,540 | +17.8% |
| Remuneration and social security | 454/9 | €499 | - | -€499 | |
| Other amounts payable | 47/48 | €26,606 | €74,979 | +€48,373 | +182% |
| Accrued charges and deferred income | 492/3 | €308 | - | -€308 | |
| Non-recurring operating income | 76A | €29,772 | - | -€29,772 | |
| Remuneration, social security and pensions | 62 | €2,935 | -€499 | -€3,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,985 | €1,440 | -€1,546 | -51.8% |
| Other operating charges | 640/8 | €1,717 | - | -€1,717 | |
| Non-recurring operating charges | 66A | €15,552 | €13,541 | -€2,012 | -12.9% |
| Gross operating margin | 9900 | €38,751 | €110,685 | +€71,934 | +186% |
| Operating profit (loss) | 9901 | €15,561 | €96,204 | +€80,643 | +518% |
| Financial income | 75/76B | €61 | €165 | +€104 | +170% |
| Recurring financial income | 75 | €61 | €165 | +€104 | +170% |
| Financial charges | 65/66B | €683 | €986 | +€304 | +44.5% |
| Recurring financial charges | 65 | €683 | €986 | +€304 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €14,940 | €95,383 | +€80,443 | +538% |
| Income taxes | 67/77 | €3,000 | €20,403 | +€17,403 | +580% |
| Profit (loss) for the period | 9904 | €11,940 | €74,979 | +€63,040 | +528% |
| Profit (loss) for the period to be appropriated | 9905 | €11,940 | €74,979 | +€63,040 | +528% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.